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Paper: Decision to claim Social Security benefits influenced by ‘framing’

Retirees are more likely to delay claiming Social Security benefits by as many as 15 months due to how the decision is “framed” to them, says a new paper co-written by Jeffrey R. Brown, the Josef and Margot Lakonishok Professor of Business and dean of the College of Business at Illinois.

Should states be in the lottery business?

A major downside to record-breaking lottery jackpots is that money flows from poorer communities into the hands of one incredibly lucky person, said Craig Lemoine, the director of the Financial Planning Program at the College of ACES.

Fracturing social networks among business elites empower shareholder activism

Activist investors have become increasingly successful in agitating for change in publicly held companies, and there’s little that business elites can do to rebuff their influence, says research from U. of I. labor professor Richard Benton.

Increased female representation in the managerial ranks of engineering organizations may add another layer of sex segregation on top of the one it’s intended to mitigate, says a new paper from U. of I. labor professor M. Teresa Cardador.

Paper: State of Illinois’ middle class shrinking

The state of Illinois’ sizable middle class has experienced a consistent but multifaceted squeeze since roughly 1980, according to Robert Habans, a postdoctoral research associate in the School of Labor and Employment Relations at the University of Illinois.